Will
Gold
Price BOOM?
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Amidst the fall in gold, experts have indicated that there may be a big jump in the price of gold.
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Currently, in the Indian market, 10 grams of 34-carat gold is trading at Rs 71,000 on MCX.
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According to market experts, the US Federal Reserve may soon cut interest rates, so gold investment will likely increase.
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America is the country with the largest gold reserve in the world with 8,133.46 tons of gold. India has 840.7 tonnes of gold reserves.
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Seeing the low prices of gold, experts have described this opportunity for investors as "buy on dips".
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